You can make your trips to the DMV less stressful by preparing beforehand—which includes understanding the state-required insurance limits. You may face difficulty in determining how you can meet or exceed the auto insurance requirements in Kentucky. Below, your can learn about the Kentucky DMV insurance requirements, as well as the rules mandating minimum car insurance coverage. What is the significance of these requirements? In order to drive legally in Kentucky, your car insurance policy must meet them.
What We'll Cover
What Are the Kentucky DMV Minimum Insurance Requirements?
It’s important for drivers in Kentucky to purchase and maintain car insurance for all registered vehicles. The state of Kentucky requires that all drivers who own and operate vehicles in Kentucky have car insurance. The state’s mandatory insurance law comes with serious consequences. Drivers who don't maintain their insurance policies will lose their license and face a potential fine between $500 and $1,000. Additionally, drivers who don’t maintain their vehicle registrations can even spend up to 90 days in jail, in addition to being forced to pay a fine.
Although insurance requirements may be difficult to understand, the minimum insurance limits put in place by the Kentucky DMV are relatively straightforward. The minimum liability coverage for drivers in Kentucky varies. However, a policy that has a single limit of $60,000 is considered acceptable by the Kentucky DMV. This policy must also contain basic reparations benefits, unless the vehicle that’s being insured is a motorcycle.
In Kentucky, all registered drivers must include minimum liability coverage in their car insurance policy. In the amount of $25,000, Kentucky drivers must have liability coverage that covers damages for injuries to the body. It's also required to have $50,000 worth of liability coverage that covers damages for bodily injures for all passengers in a single vehicular accident. Finally, drivers must have liability coverage of at least $25,000 to cover all property damages associated with any single accident.
Requirements for Personal Injury Protection
Additionally, Kentucky's no-fault policy indicates that Kentucky drivers must purchase personal injury protection (PIP) coverage, which covers the driver and all passengers in the event of an accident. The deductibles must be paid before a driver's liability coverage kicks in, however. The minimum state requirement for PIP is $10,000 per person per accident, which can be used by drivers to cover lost wages and medical bills that result from an accident. You can increase your PIP coverage if the minimum required limits are insufficient to meet your needs.
All Kentucky drivers must carry proof of insurance with them whenever driving in Kentucky. Following these rules is an easy way to avoid the grave consequences of driving uninsured in Kentucky. It's also important to understand that new residents must register their vehicles and provide their insurance information to their new county of residence within 15 days of moving to Kentucky.
Car Insurance Requirements For Leased Or Financed Cars In KY
Even if you don't own a car, you'll still need to insure it in order to drive in Kentucky. While the Kentucky DMV doesn’t impose separate car insurance requirements for leased or financed cars, your bank or leasing company may have additional requirements.
These requirements may include purchasing gap insurance, which covers the difference between the amount still owed on your lease and the actual cash value of your car. If you drive a leased or financed vehicle in Kentucky, check with your leasing company or bank to ensure that you’re complying with their insurance requirements, as well as those of the Kentucky DMV. Otherwise, you may face fines or more serious consequences.
Where Can I Find Affordable Car Insurance In KY?
It's easy to find affordable car insurance in Kentucky that meets the minimum requirements of the Kentucky DMV. Major vendors of affordable car insurance in Kentucky include:
Progressive offers reasonably priced car insurance in Kentucky, including all of the required policies that car owners must obtain in order to legally drive in Kentucky.
Geico grants policyholders the ability to bundle different types of insurance for a relatively low cost.
Kentucky Farm Bureau
Kentucky Farm Bureau routinely tops lists of the cheapest minimum coverage insurance in Kentucky.
No matter which car insurance policy you choose to purchase in Kentucky, you should make sure that it specifically fulfills the state's minimum coverage requirements and complies with your leasing company's requirements (if applicable).
If you have any lingering questions before committing to an insurance policy, reach out to a representative for help. Aside from the state’s minimum insurance requirements, you may also want to consider comprehensive coverage—which covers weather catastrophes and theft—as well as collision coverage. Collision coverage covers property damages in the event of a collision.
Still have questions about the minimum car insurance requirements in Kentucky? For more information on where you can find the best deals on car insurance in Kentucky, read our article on affordable car insurance in Kentucky. Whether you're looking for an insurance provider in the Lexington or Louisville area, you can find car insurance that meets state requirements and offers you extra coverage just in case.
Get Started Today
Whether you're a new Kentucky resident or a life-long Kentuckian, knowing how to properly insure your vehicle is important. Anyone who has a Kentucky-registered vehicle must insure it properly and comply with all DMV regulations to avoid facing harsh consequences for breaking the law. In addition to meeting the state's requirements, you should also consider optional coverage that can provide extra financial protection, like gap coverage and umbrella coverage.
Having the right insurance coverage is the first step in becoming a safe and compliant driver in Kentucky. To get started finding the right car insurance policy for you, click on the button below and enter your zip code. You’ll then be sent to BestInsurer, where you will see a list of all of the top affordable insurance providers in your area. In your results, you'll see a list of national and regional insurance providers, as well as local insurance agents that can lead you in the right direction and answer all of your questions.
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